Search found 254 matches

by WJW
Sat Feb 15, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Small Business Resources
Replies: 14
Views: 839

Re: Small Business Resources

Another view FWIW - we have been small business owners for 20+ years as well. Wish we had started sooner, almost everything about being a small business owner is better than our past corporate jobs. YMMV A franchise? Full disclosure: I never had a corporate job but owning a small business is not ne...
by WJW
Wed Feb 12, 2020 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Small Business Resources
Replies: 14
Views: 839

Re: Small Business Resources

I would be very wary of a franchise. More than a few friends have been badly burned by them. The franchisor and the franchisee often have opposing interests. Personally, I would start with a job at one of the franchises to see how things really run at no risk. Then you can decide if the day to day i...
by WJW
Mon Feb 10, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 134
Views: 9908

Re: What is your most luxury/expensive hobby.

Also skiing.

See post above regarding a rough estimate of costs...
by WJW
Mon Feb 03, 2020 8:43 pm
Forum: Personal Consumer Issues
Topic: Skiing Frugally
Replies: 45
Views: 4424

Re: Skiing Frugally

8. Ski mid-week if schedule allows. DW found us a mid-week deal through Travel Zoo to Stratton a couple weeks ago. It was $400 for 2 adults; including 3 days of lift tickets and 2 nights at Black Bear Lodge (which includes free breakfast). Best deal we've seen thus far. We are heading up to Maine t...
by WJW
Mon Feb 03, 2020 7:38 am
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 146
Views: 10010

Re: Books that changed your life

No other book has changed my life more than the Bible.

KJV supplemented with NASB versions.
by WJW
Mon Jan 27, 2020 11:15 am
Forum: Personal Investments
Topic: Roth conversion
Replies: 3
Views: 495

Re: Roth conversion

You have until April...
by WJW
Sat Jan 25, 2020 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

I have a bad taste of adjusters because I was on the contractor side while they were hired guns by the insurance company to adjust our estimates lower. Is there another option that treats both parties fairly? OP you have shot down a ton of great options. Here is another one for you to shoot down: P...
by WJW
Sat Jan 25, 2020 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

IMO, avoid being too analytical about this - not too much thinking and analyzing. :D Aim for more gut feel, fun and novelty. Else you risk more of the same. You’re going straight to the cons of why not. This will take you on a path of dodging what you don’t want...not the same as finding what you D...
by WJW
Thu Jan 23, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

I’m familiar with a guy who was a former City building inspector who, after something like 10 years, changed jobs and is a regional salesperson for a major nationwide exterior siding company. He walks the walk and had tons of connections to the construction industry due to his time as an inspector....
by WJW
Thu Jan 23, 2020 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Your past experience certainly helps in each of these, especially in conducting VA/FHA appraisals where the appraiser is also doing a light inspection to enforce MPRs. Appraiser fees are significantly higher than inspection fees, and less climbing/crawling. Work 1-2 years for someone else, then go ...
by WJW
Thu Jan 23, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Old Guy wrote:
Thu Jan 23, 2020 8:52 am
Municipal building/code inspector.
Thanks. Looking to be self employed in the future so whatever I choose has to translate over.
by WJW
Thu Jan 23, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Long time general contractor (not a carpenter) here. Tired of dealing with employees, subcontractors, architects, designers, vendors and clients. Looking for an exit into another career. DW works, we have no children and with rental income I only require about $20k a year to live a good life, so no...
by WJW
Thu Jan 23, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

I don't have any insight on that. I was addressing the issues you originally listed. Guess I missed the "overhead". Good luck. Just brings up another issue with being a general contractor; folks that thought because our hourly rate was $75-$125 that we actually get to keep all that money. Margins h...
by WJW
Thu Jan 23, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Was also going to suggest home inspector, since the $425 I shelled out today for an inspection is top of mind. Doesn't seem like that much for all the knowledge it requires after you deduct the time to drive to and from the house, perform the inspection, write the report and account for your overhe...
by WJW
Thu Jan 23, 2020 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Sounds like OP is unhappy in his situation but lacks an ambition to aim at. Of course nobody who changes careers in mid or late life knows how it will work out, but for some they just gotta give it a good try and often it does work out. I wouldn't say I lack ambition but rather that I am trying to ...
by WJW
Thu Jan 23, 2020 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Was also going to suggest home inspector, since the $425 I shelled out today for an inspection is top of mind. Doesn't seem like that much for all the knowledge it requires after you deduct the time to drive to and from the house, perform the inspection, write the report and account for your overhe...
by WJW
Thu Jan 23, 2020 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

You mentioned CPA in your original post, and somebody else cautioned against it because of the 150 semester hour rule. But if you already have a degree, all you need to do is take the accounting classes and perhaps general business classes (depending on your state). You don’t need 150 hours of new ...
by WJW
Wed Jan 22, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

tivattom wrote:
Wed Jan 22, 2020 8:00 pm
What about starting a home inspection business?
Thanks, it has been mentioned and it is a consideration.
by WJW
Wed Jan 22, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

JoeJohnson wrote:
Wed Jan 22, 2020 6:55 pm
May I suggest you go into sales? There are plenty of opportunities in sales.
Yes you may! It's on my short list for sure.
by WJW
Wed Jan 22, 2020 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

texasdiver wrote:
Wed Jan 22, 2020 7:27 pm
Teaching isn't for everyone. But it would certainly be a change of pace. Teaching jobs also come with good benefits.
Thanks for taking the time to respond. Something to consider.
by WJW
Wed Jan 22, 2020 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

"only need $20K" now, but how would that affect your SS and retirement portfolio in 20 years. It won't, we have plenty invested in retirement accounts as well as real estate investments that are or will be paid off in 20 years that can continue to be rented or sold if need be. Situations change. De...
by WJW
Wed Jan 22, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 104
Views: 8115

Re: What did you do cool with your money today?

Don't know how cool it is but I paid off my car and a business loan today
by WJW
Tue Jan 21, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Go work at the front desk of a Lumberyard, Plumbing supply house, etc. I go there often and those guys never seem stressed and are super nice and happy. I appreciate your advice but I do not like staying in the same office/building/location day in and day out...I am thinking along the lines of sale...
by WJW
Tue Jan 21, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Herekittykitty wrote:
Tue Jan 21, 2020 6:55 pm
When is the last time you took a real vacation, real as in doing what KlangFool suggests?
I never have :(
by WJW
Tue Jan 21, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Well ... probably you should first figure out if you're taking a job because you're good at it and enjoy it, or if it's to impress people with your title. I mean, yeah, people might say "just a handyman", but if it lets you work three days a week and spend long weekends at your lake house, who care...
by WJW
Tue Jan 21, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

novillero wrote:
Tue Jan 21, 2020 6:02 pm
I I think the best advice is the one about using tools in your toolbox... just trying to help think outside the box - but not straying too far from it.
Makes sense, thanks!
by WJW
Tue Jan 21, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Have you considered intentionally adding in overhead to your business to extract yourself from the aspects that you don't enjoy to focus on the aspects you do enjoy? Obviously that additional overhead eats up your bottom line, but it sounds like that is the trade off you are looking to make anyways...
by WJW
Tue Jan 21, 2020 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

ClevrChico wrote:
Mon Jan 20, 2020 10:53 pm
A part time home inspector or book keeper (since you mentioned finance) should be able to make $20k.
Bookkeeping might be good and I could potentially build a little "business" with some recurring revenue. Maybe incorporate that into my business consulting biz idea...
by WJW
Tue Jan 21, 2020 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

I think something in sales.... at least somewhat related to the construction business would be ideal. Either that.... or team up with a RE investor and do flips. Would at least cut out a big chunk of people (clients, designers, employees....) and just leave you to manage jobs / hire subs. I am lean...
by WJW
Mon Jan 20, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

FI4LIFE wrote:
Mon Jan 20, 2020 7:11 pm
Kitchen designer?
Thank you for that idea, but I've spent years involved in the kitchen/home design process and looking for a change.
by WJW
Mon Jan 20, 2020 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

michaeljc70 wrote:
Mon Jan 20, 2020 6:10 pm
How about doing bids/estimates for residential construction projects? I don't know if this is even a separate position that some design/construction firms employ.
One of my least favorite things to do...but thanks for the response.
by WJW
Mon Jan 20, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Long time general contractor (not a carpenter) here. Tired of dealing with employees, subcontractors, architects, designers, vendors and clients. Looking for an exit into another career. DW works, we have no children and with rental income I only require about $20k a year to live a good life, so no...
by WJW
Mon Jan 20, 2020 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

You're a great candidate for construction sales of some sort. Business to business. Plumbing Electrical Industrial Oil/gas Fire Protection Energy efficiency You can generally make your own schedule and the hours are reasonable Yes, I thought about this. HVAC can also be a good sales job and I speak...
by WJW
Mon Jan 20, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Don't want to manage projects or people Don't want to sit at a desk Don't want to climb corporate ladder Don't want to do physical work Don't want to get dirty Don't want to work long hours Don't want to go "backwards" aka Home depot or handyman Did I miss anything? Is there anything that you actua...
by WJW
Mon Jan 20, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Long time general contractor (not a carpenter) here. Tired of dealing with employees, subcontractors, architects, designers, vendors and clients. Looking for an exit into another career. DW works, we have no children and with rental income I only require about $20k a year to live a good life, so no...
by WJW
Mon Jan 20, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

OP, Take 2 weeks' vacation. Go to the mountain and/or beach. Cut off the noise. Spend some time listening to yourself. Find out what you want out of your life. KlangFool Believe me I've tried. Been thinking of this for a while now. Just trying to get others perspectives, which is helpful. No other ...
by WJW
Mon Jan 20, 2020 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

What about becoming a handyman? The pay for them is excellent. I am embarrassingly unhandy and paid my handyman 75 per hour. I'd rather be an electrician if that was the path I wanted to take. I've considered the electrician path...but in my state, you have to work under a licensed electrician for ...
by WJW
Mon Jan 20, 2020 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

You've shot down a lot of jobs so far. Just realize every job has its drawbacks. There's a reason people get paid to work. Most would not choose to so it for free! Best of luck in whatever path you choose. Thanks, I realize that everything has its pros and cons. It's not an easy choice and I don't ...
by WJW
Mon Jan 20, 2020 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

It's pretty easy to make $20,000 a year as a home inspector. (Probably 2 inspections per week). The best inspectors I work with are former GC's. They know what to look for as far as shoddy work or potential problems down the road. Yes! Came here to suggest this. You're a shoe-in for this kind of jo...
by WJW
Mon Jan 20, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Gardener wrote:
Mon Jan 20, 2020 2:20 pm
What about becoming a handyman? The pay for them is excellent. I am embarrassingly unhandy and paid my handyman 75 per hour.
I'd rather be an electrician if that was the path I wanted to take.
by WJW
Mon Jan 20, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

It's pretty easy to make $20,000 a year as a home inspector. (Probably 2 inspections per week). The best inspectors I work with are former GC's. They know what to look for as far as shoddy work or potential problems down the road. I have thought of that but in my dealings with them and realtors, th...
by WJW
Mon Jan 20, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

If I were in your shoes, I'd seriously be considering going into real estate sales, especially if I could get six months to a year of living expenses stockpiled first. In fact, this is exactly what I want to do one day further down the line, maybe as I segue into early retirement. I have thought of...
by WJW
Mon Jan 20, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Have you considered just pulling back and working less? Since you only need to make $20k that helps a lot. I don't know how many projects you do a year and if that will be enough for you to not hate it. I did contracting (IT/software) and towards the end that is what I did. I took off time between ...
by WJW
Mon Jan 20, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

It's pretty easy to make $20,000 a year as a home inspector. (Probably 2 inspections per week). The best inspectors I work with are former GC's. They know what to look for as far as shoddy work or potential problems down the road. I have thought of that but in my dealings with them and realtors, th...
by WJW
Mon Jan 20, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

If you are only looking make about 20K a year, have you considered just getting a job at a home depot/lowes. You are probably overqualified but it would be low stress, you would be able to help people and you wouldn't have to work crazy hours. Looking to make more than $20k, that is my floor. Not s...
by WJW
Mon Jan 20, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

If you have construction skills yourself then the obvious thing to do is to set up as an independent builder or handyman type. and only take on small jobs that you can handle as a one-person operation. But it sounds like you're more a project manager? Yes business owner/project manager here. I can ...
by WJW
Mon Jan 20, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

I'm 45 and am sorta in the middle of a change similar. Nice to know there are others like me...I feel lost sometimes. I have a web design agency that I had for 20 years. About 2 years ago, I started hating it all...hated the clients, employees, vendors....everything about it. Last year, I finally t...
by WJW
Mon Jan 20, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Can you list some of the things that excite you then? Can you list some jobs you have seen that would fit this list? I like to help others, especially with their small/medium sized business by consulting with and advising them. I don't see many jobs like this but it seems I would need to start my o...
by WJW
Mon Jan 20, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Can you list some of the things that excite you then? Can you list some jobs you have seen that would fit this list? I like to help others, especially with their small/medium sized business by consulting with and advising them. I don't see many jobs like this but it seems I would need to start my o...
by WJW
Mon Jan 20, 2020 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 109
Views: 9737

Re: Career change at 47

Long time general contractor (not a carpenter) here. Tired of dealing with employees, subcontractors, architects, designers, vendors and clients. Looking for an exit into another career. DW works, we have no children and with rental income I only require about $20k a year to live a good life, so no...